Dan Frey Home Loans
Call Dan

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$151,799$151,799$283,410
Remaining term (yrs)24.124.130.0
Secondary amount$0$131,611$0
Funding fee$759$759$0
Note rate2.810%2.810%7.400%
Blended rate2.810%5.220%7.640%
1st payment$720.00$720.00$1,962.27
2nd payment$0.00$877.41$0.00
Taxes / mo$262.42$262.42$262.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$56.68
HOA / mo$0.00$0.00$0.00
Total monthly$1,132.41$2,009.82$2,431.37
Cash to close$163,101$31,490$31,490